FIXER! $200k profit or remod dream home Santa Barbara, CA Mesa

[Art G.]

We have a valid and signed purchase agreement for this property. We are selling our right to the purchase contract. We are looking to assign our contract to a qualified buyer. We will charge a fee to release our contractual rights. Review terms and conditions and particulars about the subject property of the purchase agreement.

$200,000 potential profit after rehab costs. (Finish Reading the Page Please!)
This is a home run deal! Deal Structure was 80% of ARV less $100,000 for rehab.

THIS IS JUST NOW BEING OFFERED- Walk through appointments going on now. Strongest offer being accepted 6-15-16 by 5:00p.m.
CLOSING DATE: June 30, 2016
Possession 5pm; vacant; broom clean.

DEAL: $825,000 Sale price to Investor/Rehabber/Retail Dream Home Buyer
(Includes cost of home and assignment fee,) (Buyer to pay closing costs)
ARV= $1,150,000
Exact home flipped up the street and sold for $1.15m in February 2016. Consistently comps are over $1million over the last two years.
REHAB ESTIMATE: $100,000 for high end finish material overhaul and repairs to home.
Recommended Repair Summary prepared by a home inspection company and will be sent as a part of the wholesale packet.
LOCATION LOCATION LOCATION: This is one the most sought after locals in Santa Barbara, CA. Located just one minute from Lazy Acres Organic Grocery Store, 2 minutes from Elings Park (extensive community sports park), 4 minutes to Santa Barbara Community College.

HOUSE DETAILS: 3+2 1,272 sqft. 2 Car Garage. Fenced side and back yard. Mechanical recently updated. Recently installed 200 amp panel with sub panel in garage. Newer Furnace and Water Heater. Copper Pipes. Wheel Chair Accessible. (Seller is in a chair)

MARKET RENTS: $4,000+/mo.


CONTACT US TO RECEIVE: Wholesale Packet; Schedule Walk Through
Wholesale packet contains: Pictures of home inside and out; Copy of Purchase Agreement; Comparable Sales on Map; Property Inspection Co.'s Summary of Repairs Report.



SERIOUS & EXPERIENCED REHABBERS ONLY; RETAIL BUYERS WITH CASH OK
I can only accept people with a proven history.

CASH ONLY! NO PRIVATE/ HARD MONEY LOANS
Current Proof of Funds sufficient to close is required. The amount will be verified with the bank. (Yes I have had people fake the document.)

BOUNTY OFFERED!!!!!!
If you do not have the cash, but connect me with the buyer that I assign the contract to and they close the sale, I will pay you $1,000 as a finder fee, at close of sale.

TERMS: "As Is" Sale, Escrow Closes June 30, 2015, ALL CASH CLOSE, Actual Cash in Bank Account, No Private or Hard Money Loans, Only Experienced Rehabber/Investors, Deal Structured as 80% of ARV less $100,000 rehab, Review of Wholesale Packet is Required, Walk Through is Required; Buyer Accepts and will Fulfill all Terms, Conditions & Contingencies of Purchase Agreement, Buyer agrees to Timely Perform and Act in Good Faith With Seller. Assignee of Contract will Indemnify and Hold Assignor Harmless for Any and All Circumstances in Connection with Property, Assignment Fee will be Paid to Our Company at Disbursement of Escrow, Escrow & Title Company Shall Remain the Same. (These will be listed in the assignment contract, but it's nice to know ahead of time. The Purchase Agreement for the House will be presented for review in the Wholesale Packet.)

CONTACT INFO: Ojai Valley Investments, Inc. Office phone 9am-9pm PDT: 805-222-0888 [email protected]